Casablanca steps up push for control of Cliffs
Jun 12, 2014 | 03:40 PM
| Nat Rudarakanchana
NEW YORK Casablanca Capital LP has renewed its push to install a majority leadership at Cliffs Natural Resources Inc., rejecting the iron ore miners offer to cede two seats on its board of directors, also filing a proxy statement.
Cleveland-based Cliffs recently said it would nominate only nine directors to its 11-person board, effectively conceding two slots to Casablanca (amm.com, June 11).....
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